Servicemember and Veteran Financial Transparency Act

House Bill 5266 - Servicemember and Veteran Financial Transparency Act: Overview, Status, and Impact

Hozzl · 2023-01-11T13:33:01Z

Explore the details of House Bill 5266 Servicemember and Veteran Financial Transparency Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Armed Forces and National Security. Stay informed on legislative developments.

1/11/2023, 1:33 PM

Congressional Summary of HR 5266

Servicemember and Veteran Financial Transparency Act

This bill requires that the Department of Labor's employment and training transition program for members of the Armed Forces separating from active duty include information about the requirement that a veteran who receives voluntary separation pay will have monthly amounts deducted from his or her Department of Veterans Affairs disability compensation until the total amount deducted equals the amount of voluntary separation pay received.

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Current Status of Bill HR 5266

Bill HR 5266 is currently in the status of Bill Introduced since May 17, 2016. Bill HR 5266 was introduced during Congress 114 and was introduced to the House on May 17, 2016. Bill HR 5266's most recent activity was Referred to the Subcommittee on Military Personnel. as of June 7, 2016

Bipartisan Support of Bill HR 5266

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5266

Primary Policy Focus

Armed Forces and National Security

Potential Impact Areas

- Disability and paralysis

- Employment and training programs

- Government information and archives

- Veterans' education, employment, rehabilitation

- Veterans' pensions and compensation

Alternate Title(s) of Bill HR 5266

Servicemember and Veteran Financial Transparency Act

To amend title 10, United States Code, to ensure that information regarding the deduction of amounts of disability compensation by reason of voluntary separation pay is provided to members of the Armed Forces separating from the Armed Forces.

Servicemember and Veteran Financial Transparency Act